To Lease or not to Lease

Powered by Mom Blog wants to know what are the benefits to leasing a vehicle?

I consider myself to be a fairly knowledgeable person who has some smarts but I have to admit when it comes to car leasing benefits etc.. I haven’t got a clue. I’m not sure why but I can’t seem to wrap my head around all the information out there to figure out if it’s beneficial for me to lease a vehicle or buy it. I’m not in the market just yet but my good old reliable 12 year old minivan is probably going to have to be replaced in the next few years and I’m the type of person who likes to research ahead of time. I need to know about car deals, lease deals, what vehicles have good ratings etc.. Although I know for vehicle ratings this can change from year to year as some years do better than others.

One thing I am good at is negotiating prices, I never ever take the first price and if someone can’t go down in price I walk away. I’ve only ever had one salesperson not stop me before I walked away so I think that’s a pretty good track record. I have my mom to thank for my negotiation skills, she was the master :). There’s nothing I hate more than learning I’ve paid too much so I never want to pay too much. I know there are tax breaks when it comes to leasing but what are they? What are some other benefits of leasing? I’d love to know so feel free to share!

By the way the picture of the vehicle above is not the vehicle I necessarily want to get next. I just liked the picture and I love the red color although I would probably never buy a vehicle in that color and for some reason my husband says the one color he would never get is red hmmm maybe that’s why I liked the picture lol.

Disclaimer

I was compensated for this post but as always all opinions are my own.

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About Powered by Mom

I’m Michelle aka Powered by Mom. I’m married with one daughter, my hubby was my high school sweetheart, our two dogs Luna and Little Zeus and our cat Oliver. As you can see we’re a family of animal lovers. We love to travel when we can, try different food and activities all over the world and enjoy being together. My passions are writing, travelling, creating new recipes, encouraging people to adopt not shop and just to enjoy life while we can.